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ke >>> round one between president obama -- >> gern romney's proposal calls for a $5 trillion tax cut. >> and the man after his job. >> i'm not looking for a $5 trillion tax cut. what i said is i won't put in place a tax cut that adds to the deficit. >> their first debate, contentio contentious. >> for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big bold idea is never mind. >> virtually everything he said about my tax plan sin accurate. look, i have five boys. i'm use the to people saying something that is not always true but keep repeating it and ultimately hoping i'll believe it. >> the question this morning, did either candidate do enough to make believers out of america's undecided voters? >>> it is the day after. good morning and welcome to "early start," everybody. >>> it's 5:00 a.m. in the east. first, round one. it is now in the books. mitt romney has something to celebrate. in a cnn poll, 67% said romney won the first presidential debate. 25% think president obama was the victor. >> there were no real knockou
years ago. that a bigger government, spending more, taxing more, regulating more. if you will, trickle-down government, would work. a >> reporter: president obama sounded a familiar alarm, warning of romney's "been there, done that" economics. >> the approach that governor romney is talking about is the same sales pitch that was made in 2001 and 2003. and we ended up with the slowest job growth in 50 years. >> reporter: but whether it was health care, jobs, or medicare, it was romney who stood out for his aggressive style. >> i just don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table, and spend his energy and passion for two years fighting for obama care. >> reporter: the president made his points in a slower, more laid-back manner, often looking down, sometimes appearing disengaged. it's not that he didn't try to rip apart romney's economic plan. >> that kind of top-down economics, where folks at the top are doing well, so the average person making 3 million bucks is getting a $250
to this debt problem, led us to this deficit problem. they want homeownership for everybody. we want tax cuts. we want medicare part "d." we want an expansion of safety net programs and then this is what happens. there's no one in the middle to figure out how to pay for all this stuff the middle has been getting. >> and that's really honestly what this election is about. i think one of the things that i found fascinating, although i didn't think they quite got there, is when the two candidates were asked about the role of government, because that's what elections are always about, it seems to me. i mean, yes, you know, it's about turning out your base and about this or that, but it is mostly about what do you think the role of government is? should the government, for instance, be helping people buy homes through the deduction that we can take on interest rates on the home loan? that's a legitimate argument. is that really the role of government? and if so, somebody has to pay for it, but i don't think we have yet gotten down to the basics of that. what do you want your government to do becau
we talked about, where he can get -- capsulize an argument. >> that's how they'll fund the tax cuts, not subsidize big bird. thanks, mitt. >>> we'll look down the road to see how polls were affected by last night's debate. keep talking about it. we have to get to "cnn newsroom" which begins with carol costello now. see you back here tomorrow. >> thanks, soledad. >>> which presidential candidate is joenjoying a big bounce on t campaign trail today? >>> miguel cabrera captures the triple crown. >>> one billion users and growing, now news that facebook wants you to pay to promote your posts. >>> a strong generic version of a popular anti-depressant off the market. what consumers need to know this morning. newsroom begins now. >>> good morning. thank you so much for joining us. i'm carol costello. it is the morning after the presidential debasement many americans are remembering not just what was said last night but over the weekend. remember the prediction that raised eyebrows just a few days ago? >> this whole race will be turned upside down come thursday morning. >> well, mitt romney
promising $5 trillion in tax cuts that favor the wealthy. the fellow on stage last night said he didn't know anything about that. the real mitt romney said we don't need anymore teachers in our classrooms. don't boo, vote. [ cheers and applause ] but the fellow on stage last night, he loves teachers. can't get enough of them. the mitt romney we all know invested in companies that were called pioneers of outsourcing jobs to other countries. but the guy on stage last night, he said that he doesn't even know that there's such laws that encourage outsourcing. never heard of them. never heard of them. never heard of tax breaks for companies that ship jobs overseas. he said that if it's true, he must need a new accountant. now, we know for sure it was not the real mitt romney because he seems to be doing just fine with his current account. so you see, the man on stage last night, he does not want to be held accountable for the real mitt romney's decisions and what he's been saying for the last year. and that's because he knows full well that we don't want what he's been selling for the last year.
romney's going to race taxes on the middle class. now, mitt romney has never made that claim. this is coming from a report making all kinds of arguments. and he's made all kinds of a assumptions that the romney campaign has rejected. also puts harvey rosen, you can also generate enough growth to avoid a middle class tax increase. there are a loft credible folks saying something else. it's a fact he's going to raise middle class tax. >> the obama campaign, david plouffe is a chris christie of the campaign saying their campaign is built on a tripod of lies and the president has said sometimes they just make things up. >> last i checked, isn't this called politics? you have lying all the time in politics. it is our responsibility to call folks out on it. on my tv 1 show, i have a segment called the biggest damn lie. >> that's got to be a very tough line to draw. >> some lies are much bigger than the others. you have to call folks out on it. here's the problem i have when it comes to a debate. when you hear lies on a debate, they should be called on out on the spot. when you hear
ryan and seemed ready to engage on the big stuff. medicare, entitlements, tax reform, national solvency, a restructured welfare state. he has since retreated to the small and safe and when you're behind, how far, safe is fatal. >> i don't think so. i think he has been running a very vigorous campaign. i think most people approve of his selection of paul ryan. it's tough. it's very difficult. >> why is he behind? >> i think he is behind because americans probably feel better than they did before jobs and the economy even though it's terrible. it's sort of the -- >> right track, wrong track? that's interesting. tell me. just stretch that out a little bit. >> i think americans see a glimmer of hope. there is slight improvement in the economy, and i think that some people, for example, a state like ohio, battleground state, thanks in my view to the governor that the unemployment is down. that's true in some of the others. i understand how tough this campaign is. i do believe that media coverage has something to do with it. but that is what it is. i think most americans will still be making
they don't want debates over you're going to rai taxes, you're not, 47% comments said at fund raisers. they want specific actionable items. >> the t-shop owner we spoke to, so frustrated about obamacare. she wanted new proposals put on the table. and it is heartening. these are folks who are undecided because they're taking their time to make up their mind and they're doing it as he had aggravate indicated voters. >> john avlon, thank you very much. >>> next, what should we expect president obama and mitt romney to say tomorrow night? are they going to take the advice of those swinging voters? well, officials from both campaigns, outfront. >>> plus, a lot ridinging on the debates and we're not talking about courting voters. we're talking about money. i mean incredible amounts of money. we'll be back. chevrolet malibu eco. ♪ sophisticated new styling, the fuel-saving intelligence of eassist, 37 mpg highway, and up to 580 highway miles on a single tank of gas. ♪ the all-new 2013 chevrolet malibu eco. ♪ it has everything to put you in the malibu state of mind no matter what state
they don't want debates over you're going to raise taxes, you're not, 47% comments said at fund raisers. they want specific actionable items. >> the t-shop owner we spoke to, so frustrated about obamacare. it's not simply enough to attack, you have to put new proposals on the table. and it is heartening. these are folks who are undecided because they're taking their time to make up their mind and they're doing it as educated voters. >> john avlon, thank you very much. >>> next, what should we expect president obama and mitt romney to say tomorrow night? are they going to take the advice of those swinging voters? well, officials from both campaigns, "outfront." >>> plus, a lot riding on the debates and we're not talking about courting voters. we're talking about money. i mean incredible amounts of money. we'll be back. north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring te
and mitt romney, specifically on taxes, look at this, the president with an eight-point advantage, 52% to 44%. interesting, republicans ushualy have the upper hand on taxes. >> that's a win so far. >> it's all about the economy and jobs, jobs, jobs. mitt romney with a six-point advantage there. and two of those probably coming up on wednesday night. what do you think? >> the jobs and economy are so segregated in people's minds anyway. wow, fascinating. what about overall, i like the guy, i don't like the guy? >> it's a huge factor. the president used to have a big advantage when it comes to likability, favorable ratings. take a look at our numbers from yesterday. 52% had a favorable rating of the president, mitt romney's not that far off at 49%. what about the wing man, joe biden 47%, paul ryan 46%. all kind of in the same range. >> how often do we poll about the wing man? i rarely see the actual numbers separated for the vice presidential candidate. >> they face off next week. more numbers on them. >> and just lastly, while we look at these polls and hear a lot of people arguing abou
to me like they're doing the same thing. >> right. they're not taking action on titlery form, tax reform, all these issues that will come up when sequestration comes up at the end fortunate year and when they have to deal with bush tax cuts at the beginning of next year. this is really an irresponsibility that's shared both by congress and the white house, because when they negotiated the debt deal last year and set up this sequestration, this sort of eco-neurological showdown, they knew it had to be negotiated in a net election year if it didn't git worked out until last fall. so every every kicked the exam pain. >> i'm telling you about this economic storm that hit us. growth in the united states is slow. we're selling a few manufacturing goods. guess what, americans. . it's all this confidence misplaced. we're going to talk about this, next. [ male announcer ] now you can swipe... scroll... tap... pinch... and zoom... in your car. introducing the all-new cadillac xts with cue. ♪ don't worry. we haven't forgotten, you still like things to push. [ engine revs ] the all-new cadillac xt
work and have children. the reason they don't pay federal income taxes is because the median income is as low as 1995. until the current election season, republicans and democrats supported both the child tax credit and the earned income tax credit. i doubled the earned income tax credit. it was signed under the tax credit. reagan started it. we started it with a strong support of republicans in congress. president bush dealt with that, then president obama increased the earned income tax credit for families with more than three children. this is a rejection of basically more than three decades of bipartisan policy to support working families. it's not a bunch of free loaders. there's only 4% of the total population who don't pay federal income tax and don't work and may not be looking for work. we now have the numbers on this, so, i think that most important thing for him is to find a way to relate to more people in these debates and speak to more of them. this is not the republican primary anymore. >> is he principled, do you think? mitt romney? >> that's not the issue, to me. i t
justify raising taxes on the middle class has been buried the last four years. how in lord's name can they justify raising taxes with these tax cuts? >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states. of course the middle class has been buried. they're being buried by regulations. they're being buried by taxes. they're being buried by borrowing. they're being buried by the obama administration's economic failures. >> reporter: romney campaign put together a conference call to draw attention, more focus to the comments by the vice president. the obama campaign pushed back saying this was just another act of desperation and what the vice president was talking about were -- were situations or a climate that was put in place by the failed policies of the former administration. i'll tell you what, at the very next event during his remarkings, the vice president did touch on the same subject but left out the word buried. s
, only 2 voted against the plan by the time we were finished. we didn't raise taxes. you raised them by a trillion under obama care. we didn't cut medicare. of course, we don't have medicare but we didn't cut medicare by $716 billion. we didn't put in place a board that can tell people ultimately what treatments they're going to receive. we didn't also do something that i think a number of people across this country recognize, which is put people in a position where they're going to lose the insurance they had and they wanted. right now the cbo says up to 20 million people will lose their insurance as obama care goes into effect next year. and likewise a study of mckinsey and company of american businesses said 30% of them are at risk of being dropped. for those reasons, for the tax, for medicare, for this board and for people losing their insurance, this is why the american people don't want obama care. it's why republicans said do not do this, and the republicans had the plan. they put a plan out. they put a bipartisan plan. it was swept aside. i think something this big, this impo
, but trails on virtually every other big issue, including medicare, taxes and foreign policy. keeping them honest, when it comes to some of those issues, both candidates have come up short either on specifics or credibility. issues like cutting taxes without ballooning the deficit or burdening the middle class. the romney campaign has been asked again and again for specifics. here's runningmate paul ryan just yesterday on fox news. >> there's been a traditional democrat and republican consensus lowering tax rates by broadening the tax base works. and you can -- >> i have to -- you haven't given me the math. >> well, i don't have -- it would take me too long to go through all of the math. >> chris wallace kept trying but came away empty-handed. he's not the only one. take a look. >> which of the deductions are you going to be willing to eliminate? which of the tax credits are you going to -- when are you going to be able to tell us that? >> we'll go through that process with congress. >> give me an example of a loophole that you will close. >> i can tell you that people at the high end, hig
entitlement that they didn't pay for. and then they added a $1 trillion tax cut for the very wealthy on top of that. now, they -- those are the facts. the end result of all that was by the time we were elected they had in eight years doubled the national debt, that clock, doubled it and in addition to that they had the slowest job, private job growth since world war ii under this policy. and by the time the president sat down behind that famous desk the resolute in noble office within a week of sitting down our economists told us mr. president you're going to have to deal with a $1 trillion debt this year because there's nothing you can do about it. the budget was passed back october. and so ladies and gentlemen so much for their credibility on the debt, but what did it produce for us? it produced the great recession all these things they did in doubling national debt and these massive tax cuts that absolutely eviscerated the middle class. they say we urgently want to deal with it now. basically i think my opponent says something like, you know, i don't know, he said something about he was
spending cuts and tax increases. ronald reagan agreed to tax increases when it hit 4%. george w. bush did when it was 3% of gdp. but today's republican party is organized around the proposition that no matter the circumstances, there must never be a tax increase of any kind. the simpson-bowles proposal calls for $1 for every $3 of spending cut bus every republican presidential candidate during the primaries including romney pledge thad he or she would not accept $10 of spending cuts if that meant $1 of tax increases. so romney could present a serious economic plan with numbers that add up and then he would face a revolt within his own party. so his solution has been to be utterly vague about how to deal with the actually deficit. when pressed for details, he said, the devil's in the details. he's right. were he to get specific he would be committing ideological blasphemy. instead he talks about freedom and capitalism. the same pattern emerges on immigration. he says he wanted to solve the immigration issue permanently but he can't actually propose anything practical because that would tal
clear to people that all these falsehoods coming out of the obama campaign about our tax policy about our medicare reform and all that are just that. >> reporter: romney will be working in pre-debate campaigning as he arrives. every day counts. wolf? >> preside obama is spending the next couple of days in henderson, nevada, gearing up for wednesday's debate. our white house correspondent dan lothian is over at the white house. he getting new information. what's the latest on his xaeb preparation, dan? >> reporter: campaign official telling me that the president began those practices last might after arriving in defense nevada and continued these rehearsals this morning in nevada as well. taking only a break this afternoon. one of the things that they are really working on is trying to get the president to be more concise and in his answers. you know, sometime it is president can be long winded and the campaign has admitted this and it is not the most effective way to deliver your message. so they are trying to get the president to answer these questions with very few words. he has a s
up so much that the cost of ownership now in many instances after taxes is less money than it cost to rent. the big challenge, though, is that we're not getting enough people being able to move up out of their existing houses. we're not getting enough people to relocate because they are stuck in their homes even though they are current on their mortgages, even though they qualify for their mortgages, the home is worth so much less than their current mortgage amounts they can't get out and refinance. so there's go to be a new policy that comes in to address that challenge. >> ali can i mention something about housing for a second. i want to pat myself on the back. as you know for the last year or two i've been bullish on real estate and housing. and i think that we are seeing, this gentleman is right if you look at the major markets you're seeing a rebound in real estate especially in states like florida and states like arizona. and what's interesting is the two reasons i think you're seeing an uptick is number one, you got these mortgage rates that we're going to be telling our gra
to former house speaker nancy pelosi. >> who will raise taxes on the middle class? barack obama and the liberals already have. >> reporter: fresh ammunition for tomorrow night's debate at an event earlier today in charlotte, north carolina, wolf, biden said how can the romney campaign justify raising taxes on the middle class that has been buried -- in his words, buried, the last four years. paul ryan at a campaign event in iowa just a few moments ago seized on those comments and said vice president biden said that the middle class has been buried. we agree. he goes onto say that means we need to stop digging by electing mitt romney the next president of the united states, wolf. i have a strg sense this will be brought up at tomorrow night's debate, wolf. >> we'll have a lot more on what joe biden has just said and the very tough reaction coming in from the romney campaign. gloria borger is standing by on that front. both of these campaigns are bringing major surrogates to denver to appear in the so-called spin room after the debate tomorrow night. what are you learning about th
debate. we're going to do that here, but i do want to begin with talking taxes. yes. taxes. did you hear paul ryan, if i heard this correctly, if i heard paul ryan correctly, he said he cannot explain mitt romney's tax policy, at least not the whole thing because, well, it would take too long. we'll play some of that sound for you in a moment. romney and ryan, they are clear about this. that they would cut everyone's tax rate 20%. cut and dry, 20% rate cut. but, to protect the government's revenue stream, they would have to kill certain deductions and certain loopholes, but they won't be specific, won't say which ones those would be. here is congressman ryan, he starts by trumpeting the tax rate cut. >> lowering tax rates by broadening the tax base works. and you can -- >> but i have to -- >> no. >> but you haven't given me the math. i don't have the -- it would ta me too long to go through all the math. >> too long to go through the math, he says. but ryan did go on to hint, didn't promise, but he hinted that a romney administration would look at tax loopholes enjoyed by the wealthy. he
. >>> preaching politics from the pulpit. hundreds of pastors plan to do it today. why? they want the irs to tax them. plus, hear from the man planning a death-defying recordsetting jump from the edge of space. >>> a campus police officer shot and killed this 18-year-old freshman at the university of south alabama yesterday. school officials say gilbert collar rushed the officer several times and kept threatening him. he reportedly was make ed and abbinging eradically. his friends remembered a different student. >> you could ask anyone that knew him. he was a great, loving guy. always made people smile. you know, is not the kind of guy that people move him and said he would do something like this. >> i want to bring in cnn legal contributor paul cowen joining us from new york. paul, good morning. >> good morning, randi. >> the victim in this case is 18 years old. he was a college freshman. considering the circumstances, he was apparently, reportedly, make ed. wouldn't they have been able to see that he wasn't armed? i mean, why do you think it led to something like this? >> you know, randi, the
. mitt romney is yet to be specific about his plans, his tax plans, his plans for entitlements. and so this is an opportunity for him to be specific. >> i was sort of surprised that governor, new jersey governor chris christie apparently didn't get the memo about downplaying expectations. i know the democrats are doing it furiously. the president himself doing it furiously. >> right. >> the republicans have been doing it furiously. here's what chris christie said over the weekend. >> well, listen, he's had a tough couple of weeks, let's be honest. i mean i'm not going to sit here and come on this morning and sugarcoat the last couple of weeks. they've been tough. but here's the great news for republicans. we have a candidate who is going to do extraordinarily well on wednesday night. he's going to contrast what his view is, and what the president's record is. the president's view for the future. and this whole race is going to be turned upside down come thursday morning. wednesday night's the restart of this campaign. i think you're going to see those numbers start to move right back i
into substance of an exchange between mitt romney and barack obama about the tax plan which obama characterized as being $5 trillion and not being fully paid for. let's watch. >> when you add all the loopholes an deductions that upper level individuals are taking advantage of, you don't come close to paying if for $5 trillion in tax cuts 257b8d trillion in additional military spending. >> i will not reduce the share paid by high-income individuals. i know you keep saying that but it's just not the case. giej ring bring the rate downs, lower exemptions and credits and so forth so we keep getting revenue we need. >> terry, i understand the focus of the theatre and the focus on big bird and things like that, but here you have mom who on the one hand has been backing way. he's not going to race what high income people pay but almost every independent study shows that he cannot pay for this through close deeg tukzs and loopholes and he hasn't said which deductions and loopholes he would close. why has there not been more media focus on this very central question? >> well, i think the fact checkers w
't pay federal income taxes. >> there are 47% of the people who vote for the president no matter what. >> reporter: with an obama campaign ad still repeating those, romney tried to put an end to the controversy once and for all on fox. >> clearly in a campaign with hundreds and thousands of speeches and question and answer sessions, now and then you're going to say something that doesn't come out right. in this case i've said something that's completely wrong. >> reporter: romney heads next to florida where his economic message will still resonate. that state's unemployment rate while it has gone down in recent months is still well above the national average. wolf. >> jim acosta joining us, thanks very much. let's dig deeper right now with our chief political analyst gloria borger. gloria, this unemployment number, the new number, how important is it to each of these two candidates? >> well, first of all it's got to be a real boost for president obama as jessica was talking about earlier. if not reality, then also a real psychological boost to get below that 8% figure. very important
raising taxes on the middle class that's been buried the last four years. >> in the richest country in the history of the world this obama economy has crushed the middle class. >> reporter: romney's ad team quickly seized on the remarks churning out a web video. at an event in denver rubio piled on. >> those happen to be the words of the distinguished vice president of the united states mr. joe biden. no, don't boo. he's the best thing we got going, guys. don't boo. because in a moment of clarity, in a brief moment of clarity he just told us what we already knew. >> reporter: romney's aides say they expect the president to call on the gop nominee to offer specifics. >> we're going to limit deductions. >> reporter: but in an interview with the denver tv station, romney began to do just that. >> well, you could do something for instance as an option you could say everybody's going to get up to a $17,000 deduction. and you can use your charitable deduction or home mortgage deduction or others, health care deduction and you can fill that bucket. if you have a $17,000 bucket that way and
ernst how they can justify raising taxes in the middle class and how it has been buried the last four years. how in lord's name can they justify raising our taxes with these tax cuts? >> all right. here's how paul ryan responded. >> i thought he was taking my speech. you know what? we agreed these are being buried by obama care and spending regulations and all things plaguing a business. the way to stop this is to stop this. >> the middle class has been buried for four years. who is to blame? >> that little exchange we saw encapsulates the challenge for president barack obama tonight. he has to defend his record, he's got to take credit for the good things that have happened. i do think the country is headed in the right direction as i think most americans do, but i think he has to acknowledge how the experience is of real americans enough. not only on economic issues but he's not changing the tone in washington, which he's set out to do. i think the president also has to say what to do differently in the next four years. each of these men have to make a case of themselves and articul
, which is, look, the president's approach is tractive to people who are not paying taxes. because frankly, my discussion about lowering taxes isn't as attractive to them and, therefore, i'm not likely to draw them into my campaign as effectively as those who are in the id million. >> so he said it was a message he was going to continue to carry. but now this. in a tv interview last night, romney did a complete about-face, saying the statement was completely wrong. >> clearly in a campaign with hundreds, if not thousands of speeches and question and answer sessions, now and then you'll say something that doesn't come out right. in this case i said something that is completely wrong. and i absolutely believe, however, that my life has shown that i care about 100%. and that's been demonstrated throughout my life. and this whole campaign is about the 100%. when i become president it will be about helping the 100%. >> pretty interesting, though. after he said it he said it was inelegant but it's what he meant and now he's saying it's completely wrong. you can really see an evolution there as t
having an honest conversation and making sure that they actually get down to brass tax as opposed to the thousands upon thousands of ads we've been showered with here in the state over the past year. that's really, at the end of the day, what people are looking for, real solutions, ideas and how do we get that back to the state of the country. >> you don't want to hear zingers? >> it's fun for me, i'm a radio talk show host but for voters they're looking for mitt romney to be tough, for the president to be tough. i think at the end of the day they want solutions. >> recent poll shows president obama up a stun ing stunning 15. is that what you're seeing and hearing on the show? >> not really. our guest yesterday was blunt and called it garbage. when you're talking about that kind of poll, we call it an outlyer here in new hampshire, 15-point lead for the president is pretty obscure. it's much, much closer than that, much closer to the four to seven points that the president has been ahead since the convention. >> high profile, viral videos in roent weeks, one featuring mitt romney
into a recession if the spending cuts and tax increases kick in all at once in january. that kind of uncertainty is freezing businesses from doing any hiring. >> alison kosik, thank you. "cnn newsroom" continues now with brooke baldwin. >> thank you so much. hi, everyone. i'm brooke baldwin. so exciting. seven hours and counting until the presidential debate tonight. mitt romney, he is gaining in two swing states. could this be romney's springboard? romney has whittled the president's lead, take a look. he's whittled the president's lead in the two percentage points in virginia. this is according to a poll released today by marist college, the wall street journal and also nbc news. two-point lead for obama, that's down five points last month. keep in mind we're talking virginia, that's 13 electoral votes there. and check it out, similar story for you in florida. 29 electoral votes there. now, a one-point, one-point lead for obama, down from four points in september. we should mention here that poll shows the president still with the seven-point lead in ohio. we can't forget about ohio. but speak
in into record deficits is because we put two wars and two tax cuts on a credit card. we didn't pay for. and now mr. romney wants another $5 trillion in tax cuts that he can't pay for. we're not going to let that happen. we are not going to fall backward, not with so much at stake, not now. it didn't work then. it won't work now. and that's why i'm running for a second term as president of the united states. i will tell you, i'll tell you what we need to move forward. we got to invest in small business. we got to invest in manufacturers creating jobs here in ohio, here in the united states of america. we have got to recruit 100,000 new math and science teachers to train to make sure our young people have -- to make sure our young people have the skills that they need. we got to train 2 million workers at community colleges to bring down college tuition cost s. we got to cut our oil imports in half and create thousands of new jobs and energy. we got to use the savings from ending the war in iraq and afghanistan, to pay down our deficit. put some people to work, doing some nation building right he
repeatedly insisted he was not advocating a big tax kuchlt in fact, he declared unequivocally that he would not cut taxes at all if they added to the deficit at all. now, as "the washington post" reporter checks out, for two years rom hi has been campaigning on a tax cut that would cost around $5 trillion over ten years. he said he would eliminate deductions and spending to pay for it. he never offers details. he did say he would cut funding for public broadcasting which was 0.01% in 2012. medicaid was 0.13%. romney also spoke in favor of regulations including much of the dodd/frank bill and he repeatedly held up as a model his health care plan in massachusetts which has added center the individual mandate and on which obama care is based. romney's transformation did not happen overnight. the candidate has been reworking his stuck stuck speech. he has a five-point stump speech. the first four points are absolutely identical to obama's stump speech. 2, dough mess tech energy, 3, retraining programs, four, domestic. on five they differ. i've long argued that romney is an intelligent man trapp
pay taxes, they see me working hard and doing things i should be doing as a citizen. >> what this comes down to really is do you think voting say right or a privilege? if voting is a right, people who have paid their debt to society should be allowed to vote. demographics are changing, more of this rhetoric that voting is not a right but a privilege. it should really be outrageous to all of us. the very foundation of our country is that voting is a right. vermont and maine probably have the two smallest black populations in the country. unfortunately race has been a big part of this in the state of virginia, where she's from, when the law was put in place, when it was embed into the state constitution back in 1902, the person who was doing that was actually talking from the floor of that convention and i quote, because of this plan, darky will be zeroed out as a factor in our state's politics in five years. it was a very sordid racial had history. >> you're saying this is of a race issue than anything else? is that what you're saying? or is it -- >> i'm saying at its very ori
't. his plan is taxing millionaires and billionaires. his plan to improve education is to invest in the department of education, so the president also has to provide some real specifics here about what is going to be different from his last administration. >> one of the things that's going to be important for this president as he comes out there, in this twitter cycle, people have short memories. where were we four years ago? the country was afraid we would be in a great depression. this guy volunteers to be captain of the titanic after it hit the iceberg and we're still floating. that's a part of the context he has to remind the american people of. >> but i must say, that's a flawed premise. it's a flawed premise. >> we got hours to do that. i got to take a break. you say not specifics. >> i think we lie. we tell pollsters we want specifics. mitt romney has a 59-point plan. we don't want specifics. we want a vision. tell us what big thing you're going to do to change. >> a reality check team is warming up and we've caught one of the cans ming a misleading claim. first, this deba
thing to do to pay for obama care. also got the point out that he is in favor 6 a tax plan that will kill 700,000 jobs. he got a chance to answer them, or not answer themes as the case may be, but he got a chance to talk about where we are going in the future. what he described is an it rags of the status quo. is he going to keep doing the things he has done in the past. is he going to have a stimulus, if he can. he'll hire more government workers if he can. he will pick winners and losers like fisker and tesla. he said he doesn't like picking winners and losers. no, he just likes picking losers. and, of course, is in favor of higher taxes. yesterday the vice president told the truth. he said, in fact, they do want to raise taxes $1 trillion. i don't want to raise taxes on any americans because i want to create good jobs in america. i would take america in a very different direction. i want to makes sure our policies encourage job growth, and i have five things i'll do. you heard me describe them time and again, but five things i'll do that will get jobs growing in this cou
, the president's approach is attractive to people who are not paying taxes because, frankly, my discussion about lowering taxes isn't as attractive to them. therefore i'm not likely to draw them into my campaign. >> but last night, romney had a complete about face. now he is denouncing that remark all together. >> clearly in a campaign with hundreds, if not thousands of speeches and question and answer sessns, now and then you're going to say something that doesn't come out right. in this case i said something that's just completely wrong. i absolutely believe, however, that my life has shown that i care about 100%. and that's been demonstrated throughout my life. and this whole campaign is about the 100%. when i become president, it will be about helping the 100%. >> cnn political editor paul steinhauser joins me now in washington. romney chose to clarify his remark on fox. no accident there perhaps. >> he was doing an interview there last night with his running mate, paul ryan. i think what you heard last night was the answer mitt romney would have given in the presidential debate wednesday ni
romney and paul ryan as, you know, against the middle class and taxing the middle class. i think joe biden is going to wrap mitt romney and paul ryan as tightly together as possible and just sort of drop the ryan plan on top it to try to implode the pair. they think that is good ground. as far as paul ryan is concerned, i think he is kind a policy wonk. his problem is he's a numbers guy, and he's up against frankly and i think both runs previous head of the republican party and michael nutter both said that joe biden is a very accessible politician. he tends to put things the way that people get it immediately. he's just got that kind of manner about him. i think that's the -- in some ways, you know, we look at the substance and style. as far as style is concerned, i think paul ryan's fear here is he's too much of a wonk sxort of throwing out numbers. you know, you can expect joe biden to say, gee, i took a look at your numbers and here's what they would do to george next door. ryan has to be careful about that kind of debate. >> the next presidential debate, you're moderating octobe
a surprising answer when asked about mitt romney's tax plan. you will have to hear this, coming up. how do you get from here... let's say you want to get ahead in your career. to here? at university of phoenix we're moving career planning forward so you can start figuring that out sooner. in fact, by thinking about where you want your education to lead, while you're still in school, you might find the best route leads somewhere you weren't even looking. let's get to work. ♪ ♪ ♪ [ male announcer ] introducing a reason...to look twice. introducing a stunning work of technology -- the entirely new lexus es. and the first-ever es hybrid. this is the pursuit of perfection. and the first-ever es hybrid. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. as part of a h
the 47% who don't pay income tax. listen. >> stepping away from anything you said in your video, are you not backing away from it? do you worry you offended this 47% who you mentioned? >> well, you know, it is not elegantly stated. let me put it that way. speaking off the cuff in response to a question and i was -- thousands of speeches and question and answer sessions. now and then you are going to say something that doesn't come out right. in this case i said something that's just completely wrong. i absolutely believe, however, that my life has shown that i care about 100%. >> so that first club was with what governor romney said and what was a hastily called press conference after the tape was released. that second clip was what we heard yesterday from governor romney. now saying completely wrong. let's get to georgia congress n congressman -- nice to sigh, sir. we are having technical difficulties. we will get to him as soon as we can fix those. let me ask you a question, john. spent a lot of time on the campaign trail. i was surprised when governor romney had these comments, i thi
serious news. it's likely going to cost you about $3500 next year. that's new analysis from the tax policy center. this breaks down the data by income. see how much money you make on the left. on the right, you'll see what the fiscal cliff would give you for tax increases next year. if you make between 40,000 and $60,000 it's a $2,000. the more you make, for people that make more than $100,000 you'll have a $14,000 tax bill next year. it's -- they couldn't agree on deficit reduction. fiscal cliff congress would have to fix it a quick point. thpayroll tax cut that you're getting right now, it's likely not going to be extended. there will be higher taxes, maybe a little bit, maybe a lot depending what congress does. now, the new york attorney general filed suit against jpmorgan against the mortgage backed securities sold. the start of it all. the civil suit alleges that bear stearns which jpmorgan now owns and is responsible for, misled investors into thinking the toxic loans had been fully evaluated. even when bear stearns found out there were problems, the bank "failed to reform their prac
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